for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

China Evergrande Nw Egy Vhc Grp Ltd

0708.HK

Latest Trade

3.73HKD

Change

-0.27(-6.75%)

Volume

139,624,000

Today's Range

3.72

 - 

4.23

52 Week Range

1.66

 - 

72.45

As of on the Hong Kong Stock Exchange ∙ Minimum 15 minute delay

Latest Developments

Oshidori International Says After Disposal Of Evergrande Vehicle Shares, Sees FY Loss

Oct 20 (Reuters) - Oshidori International Holdings Ltd <0622.HK>::OSHIDORI INTERNATIONAL- AFTER DISPOSAL OF 114.9 MILLION EVERGRANDE VEHICLE SHARES, SEES FY LOSS OF HK$3,201 MILLION IN TOTAL REVENUE.OSHIDORI INTERNATIONAL - AFTER DISPOSAL OF EVERGRANDE VEHICLE SHARES, TOTAL OTHER COMPREHENSIVE INCOME FOR FY21 EXPECTED TO BE REDUCED BY HK$643 MILLION.

China Evergrande New Energy Vehicle's Qin Liyong Bought Shares In The Company On Oct 11 - Filing

Oct 18 (Reuters) - Hong Kong stock exchange filing::CHINA EVERGRANDE NEW ENERGY VEHICLE <<<0708.HK>>> EXECUTIVE DIRECTOR QIN LIYONG BOUGHT 200,000 SHARES IN THE COMPANY AT AVG PRICE OF HK$3.58 ($0.4602) PER SHARE ON OCT 11 - HKEX FILING.QIN'S LONG POSITION IN THE COMPANY AT 0.03% - HKEX FILING.

China Evergrande New Energy Vehicle's Executive Director Bought Shares In The Company On Oct 6 - Filing

Oct 11 (Reuters) - Hong Kong stock exchange filing::CHINA EVERGRANDE NEW ENERGY VEHICLE <<<0708.HK>>> EXECUTIVE DIRECTOR QIN LIYONG BOUGHT 500,000 SHARES IN THE COMPANY AT AVG PRICE OF HK$3.26 ($0.4189) PER SHARE ON OCT 6 - HKEX FILING.QIN'S LONG POSITION IN CHINA EVERGRANDE NEW ENERGY VEHICLE AT 0.03% - HKEX FILING.

CST Group Says Skytop Technology Disposed Aggregate 32.2 Mln Evergrande Vehicle Shares On Open Market

Oct 5 (Reuters) - CST Group Ltd <0985.HK>::SKYTOP TECHNOLOGY DISPOSED AGGREGATE 32.2 MILLION EVERGRANDE VEHICLE SHARES ON OPEN MARKET FOR ABOUT HK$125 MILLION.UPON DISPOSAL, EXPECTED LOSS TO BE REALISED FOR YEAR ENDING 31 MARCH 2022 IS ABOUT HK$1,735 MILLION.DISPOSAL AT AVERAGE PRICE OF HK$3.89 PER DISPOSED SHARE.

Imagi International Says Unit Disposed Of 3 MLN Everg Vehicle Shares On Open Market

Oct 5 (Reuters) - Imagi International Holdings Ltd <0585.HK>::UNIT DISPOSED OF 3 MILLION EVERG VEHICLE SHARES ON OPEN MARKET AT AVERAGE PRICE OF ABOUT HK$3.84 PER EVERG VEHICLE SHARE.DEAL FOR HK$11.52 MILLION.INTENDS TO APPLY NET PROCEEDS TO ABOUT HK$11.47 MILLION TO FINANCE BUSINESS DEVELOPMENT OF INTEGRATED FINANCIAL SERVICES OF GROUP.

China Strategic Says Unit Disposed 70 Mln China Evergrande New Energy Vehicle Shares At HK$159.6 Mln

Sept 29 (Reuters) - China Strategic Holdings Ltd <0235.HK>::UNIT DISPOSED 70 MILLION EVERGRANDE VEHICLE SHARES THROUGH BLOCK TRADE TRANSACTION ON STOCK EXCHANGE, AT HK$159.6 MILLION.SELLING PRICE OF EACH DISPOSED SHARE WAS HK$2.28.SEES LOSS OF ABOUT HK$1.96 BILLION FOR YEAR ENDING 31 DEC 2021, AS A RESULT OF DISPOSAL.Further company coverage: 0235.HK. ((reuters.briefs@thomsonreuters.com;)).

China Evergrande New Energy Vehicle Encounters Serious Shortage Of Funds

Sept 24 (Reuters) - China Evergrande New Energy Vehicle Group Ltd <0708.HK>::STILL EXPLORING WITH DIFFERENT POTENTIAL STRATEGIC INVESTORS TO INTRODUCE NEW INVESTORS TO GROUP.AS OF DATE DUE DILIGENCE AND NEGOTIATION ARE STILL IN PROGRESS.NEGOTIATING WITH POTENTIAL INVESTORS ABOUT SELLING SOME OF ELDERLY CARE VALLEY & OVERSEAS ASSETS OF GROUP.AS AT DATE GROUP HAS NOT ENTERED INTO ANY LEGALLY BINDING AGREEMENT WITH ANY INVESTOR.REMAINS UNCERTAIN AS TO WHETHER GROUP WILL BE ABLE TO CONSUMMATE ANY SUCH SALE..AS OF DATE GROUP IS ENCOUNTERING SERIOUS SHORTAGE OF FUNDS.IN VIEW OF LIQUIDITY PRESSURE, GROUP HAS SUSPENDED PAYING SOME OF ITS OPERATING EXPENSES.IN VIEW OF LIQUIDITY PRESSURE SOME SUPPLIERS HAVE SUSPENDED SUPPLYING FOR PROJECTS.NO GUARANTEE THAT GROUP WILL BE ABLE TO MEET ITS FINANCIAL OBLIGATIONS UNDER RELEVANT CONTRACTS.WILL LACK FURTHER CAPITAL INJECTION, EXPECTED TO AFFECT DAILY OPERATIONS OF GROUP, IF NO INVESTMENT/ASSET SALE.NOTE IT IS UNCERTAIN WHETHER GROUP COULD SUCCESSFULLY IMPLEMENT MEASURES TO EASE LIQUIDITY ISSUES.IF NO INVESTMENTS/ASSET SALE IN SHORT PERIOD OF TIME, WILL WORSEN ABILITY TO PAY EMPLOYEES' SALARY.

Evergrande's EV Unit Has Stopped Paying Staff, Factory Suppliers - Bloomberg News

Sept 23 (Reuters) - :EVERGRANDE'S EV UNIT HAS STOPPED PAYING STAFF, FACTORY SUPPLIERS - BLOOMBERG NEWS.CASH FLOW DIFFICULTIES MEAN CHINA EVERGRANDE NEW ENERGY VEHICLE GROUP LTD WILL LIKELY MISS ITS TARGET TO START MASS DELIVERIES NEXT YEAR-BLOOMBERG.Further company coverage: 3333.HK. ((Reuters.Briefs@thomsonreuters.com;)).

China Strategic To Seek Shareholder Approval For Disposal Of Upto 133.6 Mln Evergrande Vehicle Shares

Sept 21 (Reuters) - China Strategic Holdings Ltd <0235.HK>::PROPOSES TO SEEK APPROVAL TO ALLOW DIRECTORS TO DISPOSE OF UP TO 133.6 MILLION EVERGRANDE VEHICLE SHARES AS AT DATE.WILL SEEK TO DISPOSE OF EVERGRANDE VEHICLE SHARES AT HIGHEST PRICE POSSIBLE.HAVING REGARD TO RECENT PRICE FLUCTUATIONS OF EVERGRANDE VEHICLE SHARES, BOARD DECIDED TO RESTRUCTURE ITS INVESTMENT PORTFOLIO.GROUP, THROUGH SELLER, BENEFICIALLY OWNS 1.37% EVERGRANDE VEHICLE SHARES.MINIMUM SELLING PRICE OF DISPOSALS SHALL BE NO LESS THAN HK$2.20 PER EVERGRANDE VEHICLE SHARE.THERE IS NO ASSURANCE THAT CO WILL DISPOSE OF EVERGRANDE VEHICLE SHARES AFTER OBTAINING DISPOSAL MANDATE.

China Evergrande Updates On Engagement Of Financial Advisers

Sept 14 (Reuters) - China Evergrande Group <3333.HK>::UPDATES SINCE 31 AUGUST 2021 AND ENGAGEMENT OF FINANCIAL ADVISERS.EXPECTS SIGNIFICANT CONTINUING DECLINE IN CONTRACT SALES IN SEPTEMBER.SIGNIFICANT CONTINUING DECLINE IN CONTRACT SALES IN SEPTEMBER.ONGOING NEGATIVE MEDIA REPORTS CONCERNING GROUP HAVE DAMPENED CONFIDENCE OF POTENTIAL PROPERTY PURCHASERS IN GROUP.ACTIVELY ENGAGED IN DISCUSSIONS WITH POTENTIAL INVESTORS IN RELATION TO SALES OF INTERESTS IN MEMBERS OF GROUP AND OTHER ASSETS.ALSO CONSIDERING BRINGING IN NEW INVESTORS TO COMPANY AND ITS OTHER SUBSIDIARIES.GROUP ACTIVELY EXPLORING WITH POTENTIAL INVESTORS ON SALES OF PART OF ITS INTERESTS IN CHINA EVERGRANDE NEW ENERGY VEHICLE GROUP.NOT ENTERED INTO ANY LEGALLY BINDING AGREEMENT WITH ANY INVESTOR.UNCERTAIN AS TO WHETHER GROUP WILL BE ABLE TO CONSUMMATE ANY SUCH SALE.DISPOSAL OF COMPANY'S OFFICE BUILDING IN HONG KONG HAS NOT BEEN COMPLETED WITHIN EXPECTED TIMETABLE.ACTIVELY EXPLORING WITH POTENTIAL PURCHASERS ON DISPOSAL OF OFFICE BUILDING THAT IT OWNS IN HONG KONG.ENGAGED HOULIHAN LOKEY (CHINA) AND ADMIRALTY HARBOUR CAPITAL AS JOINT FINANCIAL ADVISERS TO ASSESS GROUP'S CAPITAL STRUCTURE.ALSO ACTIVELY EXPLORING WITH POTENTIAL INVESTORS ON SALES OF PART OF ITS INTERESTS IN EVERGRANDE PROPERTY SERVICES GROUP.NO GUARANTEE THAT GROUP WILL BE ABLE TO MEET ITS FINANCIAL OBLIGATIONS UNDER RELEVANT FINANCING DOCUMENTS & OTHER CONTRACTS.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up